St Joseph, MO         Tue, Jun 25, 2019      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Tuesday 06/25/2019    (est)    121,000    2,000     475,000     8,000
Week ago (est)                 120,000    2,000     477,000     8,000
Year ago (act)                 114,000    3,000     447,000     8,000
Week to date (est)             242,000    4,000     923,000    16,000
Same Period Last Week (est)    240,000    4,000     944,000    17,000
Same Period Last Year (act)    230,000    5,000     881,000    16,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Monday           98,000            23,000

INDEX
                      06/24  06/21  06/20  06/19  06/18  06/17  06/14
CATFAX FED 6 STATE   110.76 110.77 110.50 112.13 112.24 112.24 112.24
CATFAX FED 3 STATE   109.92 109.92 109.95 111.28 111.42 111.42 111.42
CME FEEDER           131.46 131.41 131.43 132.99 133.05 133.21 133.55
CME LEAN HOG         *78.31  78.65  79.14  79.55  79.49  79.26  79.27
3 Area LEAN HOG       75.65  75.95  76.47  76.86  77.27  77.02  76.68
**NA = Not Available Due to Packer Submission Issues.

*DTN projected Lean Hog Index, is only an estimate that may vary one
or two cents from actual.

NOTES: 3 AREA LEAN: 3 area lean value base cost for 51-52% lean hogs
CATFAX FED 6 STATES: Iowa, Colorado, Kansas, Nebraska, Texas, and Oklahoma
CATFAX FED 3 STATES: Kansas, Texas, and Oklahoma

PORK

Des Moines, IA        Tue, Jun 25, 2019      USDA Market News

06/25 AM CARCASS CUTOUT - $ 76.83   CHANGE  -0.50  TOTAL LD COUNT  212.05

06/25 PM CARCASS CUTOUT - $ 75.58   CHANGE  -1.75  TOTAL LD COUNT  357.91

CARLOT PORK -  OPEN 06/25          CARLOT PORK -  CLOSE 06/25
LOADS - CUTS  190.90 TRIM  21.15   LOADS - CUTS  308.80  TRIM 49.11
LOINS 1/4" Trim VAC       96.94    LOINS 1/4" Trim VAC       95.63
LOINS BNLS CC Strap On   118.49    LOINS BNLS CC Strap On   118.41
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    64.51
       Trm Sel  23-27#    67.79           Trm Sel  23-27#    65.37
BELLIES  Skn-on 10-12#   208.78    BELLIES  Skn-on 10-12#   208.92
BOXED    Skn-on 12-14#   166.99    BOXED    Skn-on 12-14#   214.73

BEEF

Des Moines, IA        Tue, Jun 25, 2019      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales -
Afternoon = USDA ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 1:30pm

Based on negotiated prices and volume of boxed beef cuts delivered within 0-21
days and on average industry cutting yields.  Values reflect U.S. dollars per
100 pounds.

Boxed beef cutout values steady on Choice and lower on Select on weak to 
moderate demand and moderate to good offerings. Select and Choice rib, chuck, 
and round cuts steady to weak while loin cuts firm. Beef trimmings mostly 
moderately higher on moderate to good demand and moderate offerings.

BEEF CUTOUTS -  OPEN 06/25        BEEF CUTOUTS - CLOSE 06/25  
CH 600-900# $219.38  -0.36        CH 600-900# $219.64  -0.10
SE 600-900# $199.29  -0.52        SE 600-900# $198.95  -0.86  
LOADS     54.95 - Choice Cuts     LOADS     77.30 - Choice Cuts
          23.67 - Select Cuts               45.75 - Select Cuts
           7.46 - Trimmings                  8.46 - Trimmings
           9.18 - Coarse Grinds             19.64 - Coarse Grinds

POULTRY

06/20 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 06/15      Week Ago     Yr Ago
                                     168,844      168,955    161,146

06/21 - Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 06/21    Week Ago      Yr Ago
                                              $ 93.96     $ 94.63     $118.19
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of:  May - $100.89

06/19 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 06/15 - 229 million, down slightly from a
year ago
Chick placement for the week ending 06/15 - 190 million, up 2% from a year ago

06/25 - Daily New York Eggs
Prices are steady. The undertone is steady. Supplies are sufficient for needs.
The New York shell egg inventory is 6% lower compared to last Monday. Offerings
are light to moderate. Demand into all channels is moderate to fairly good.
Market activity is moderate.

Extra Large     82-86
Large           80-84
Medium          52-56